Expedia (EXPE) Gets a Hold Rating from Stifel Nicolaus


In a report released yesterday, Scott Devitt from Stifel Nicolaus maintained a Hold rating on Expedia (EXPE), with a price target of $140. The company’s shares closed yesterday at $127.87.

Devitt commented:

“We remain Hold rated and are maintaining our $140 price target. As the number two player in the space , we look for compelling catalysts or emerging growth trends within the business.”

According to TipRanks.com, Devitt is a top 100 analyst with an average return of 19.9% and a 66.7% success rate. Devitt covers the Technology sector, focusing on stocks such as Paypal Holdings, Eventbrite Inc, and Alphabet Inc.

Expedia has an analyst consensus of Strong Buy, with a price target consensus of $149.50.

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The company has a one-year high of $139.77 and a one-year low of $98.52. Currently, Expedia has an average volume of 1.52M.

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Expedia Group, Inc. is an online travel company, which engages in the provision of travel products and services to leisure and corporate travelers. It operates through the following segments: Core OTA, trivago, HomeAway, and Egencia.

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